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Release Date: February 25, 2004

The Greenburgh Library Board has recommended that the Town Board sell the old Town Hall building to Sunrise Assisted Living. This will generate about $2.75 million in revenue to the town, between $250,000-$300,000 a year in taxes. The taxes over the next 30 years (life of the bond) will be about $9 million dollars. Sunrisewill reduce the costs of the library expansion for the town. Among the negotiation items are site improvements (which could save the town over three quarters of a million dollars). In addition, expansion of the library could result in additional cost savings—coordinated project management/architect and engineer services. Another advantage: a more attractive gateway to the library complex. An assisted living facility will provide the library with a unique opportunity to promote more intergeneral programs. The Town Board is currently reviewing the Library Board’s recommendation and a vote to designate Sunriseas the preferred developer could take place on Wednesday, March 24th at the Greenburgh Town Board meeting. 

For further information please call Supervisor Paul Feiner at 993 l540.

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